UPSC CSE Prelims

Fiscal Policy and Budget question bank (Indian Economy)

Practice 22 free UPSC CSE Prelims Indian Economy - Fiscal Policy and Budget questions with answers and step-by-step solutions.

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Q1.

General Studies & Governance: In Indian administration and constitutional framework concerning 'Union Budget' (Fiscal Policy and Budget), which constitutional provision or authority exercises primary jurisdiction?

(A)

Statutory authorities functioning under parliamentary legislation and constitutional mandate (Union Budget)

(B)

Ad-hoc advisory bodies without legislative sanction or executive jurisdiction

(C)

Private commercial arbitration panels superseding public law tribunals

(D)

Subordinate local authorities exercising extra-territorial international jurisdiction

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Q2.

General Studies & Governance: In Indian administration and constitutional framework concerning 'Fiscal Deficit and FRBM Act' (Fiscal Policy and Budget), which constitutional provision or authority exercises primary jurisdiction?

(A)

Statutory authorities functioning under parliamentary legislation and constitutional mandate (Fiscal Deficit and FRBM Act)

(B)

Ad-hoc advisory bodies without legislative sanction or executive jurisdiction

(C)

Private commercial arbitration panels superseding public law tribunals

(D)

Subordinate local authorities exercising extra-territorial international jurisdiction

Show answer & solution

Verified Answer & Solution Locked

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